How to analyze BTC daily line

1. How to use the three technical indicators to understand the rise and fall of bitcoin

coincola coying Cola
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how to use the three technical indicators to understand the rise and fall of bitcoin
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recently, "bitcoin broke through $8000" has been on the hot search. For a while, bitcoin rose, reborn rose sharply, and Ethereum led the rise... A week later, this big play dominated by bitcoin didn't seem to come to an end, and the trading volume was once pushed up to 100 billion US dollars

in the investment world, "madness" and "fear" coexist. Today's "madness" stems from last year's long-term "fear". However, this time, coincola Cola Research Institute tracks and analyzes the technical indicators behind the rising market, and deconstructs the "passion" of the market with the "rationality" of data< (1) mining and bitcoin price

start with the relationship between mining and bitcoin. The core technology of bitcoin is "blockchain", which is connected by blocks. Each block corresponds to a bill. All transaction information and transfer records of bitcoin are recorded on the blockchain. Every other point in time, the bitcoin system will generate a random code on the system node. Due to distributed accounting, all computers on the Internet can search for the code. Whoever finds the code will generate a block and then get bitcoin. This process is mining. Calculating this random code requires a lot of GPU operations, so miners need to use mining machines with massive graphics cards to make profits

1. Bitcoin computing power: starting to pick up

remarks: June 2018-may 2019 bitcoin hash value

data source: bitcoin visual, coincola Research Institute

the above figure shows the bitcoin hash value. The hash value of the bitcoin network represents the computing power of the blockchain. The growth of computing power means that miners increase mining investment or increase the number of miners. Since the second half of 2018, the hash value has recovered from falling back to picking up, from 32eh / s at the end of the year to 50eh / s now, and the recent growth trend is remarkable. The continuous growth of bitcoin hash value (representing computing power) indicates that the market is optimistic about the future of bitcoin

2. Mining difficulty: stepped up

remarks: bitcoin difficulty from June 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the figure above shows bitcoin difficulty. Since 2019, the difficulty of bitcoin mining has increased in a step-by-step manner, from the low 5T to the current 7T. It can be seen that the rapid rise of bitcoin in this round has reced mining costs and increased market entry personnel. The increasing difficulty of mining means that there are profit opportunities in cryptocurrency market, and the market is generally optimistic< (2) the number of active addresses and transactions on the chain are important indicators reflecting the activity of cryptocurrency, which are highly correlated with the price of cryptocurrency

1. The number of active addresses on the bitcoin chain: a straight line rise

remarks: the number of active addresses on the bitcoin chain from June 2018 to may 2019

data source: coinmetrics, coincola Research Institute

active addresses refer to the addresses where transactions have taken place every day, that is, how many independent addresses conct transfer transactions on the chain every day. Since 2019, the number of active addresses on the bitcoin chain has been rising, especially in recent years. From 540.60143k in January to 832.592k now. It shows that the rapid growth of active users of cryptocurrency is a very positive signal for the market

2. The number of transactions on the bitcoin chain: continued to rise

remarks: the number of transactions on the bitcoin chain from June 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

since 2019, the number of transactions on the bitcoin chain has continued to rise, from 235k in early 2019 to 374k now. Moreover, since April and may, after two rounds of sharp rise in the price of bitcoin, the number of transactions on the chain has remained at a high level, even showing signs of a short-term surge< (3) lightning network and bitcoin price

in essence, lightning network adds a layer to the basic layer of bitcoin blockchain in order to make the transaction fast and cheap. With the existence of lightning network, users can remit money to each other at any time and pay very little. Lightning network represents not only the technical level of bitcoin, but also the important basis of bitcoin value

1. Lightning network nodes: rapid growth

remarks: bitcoin lightning network nodes from January 2018 to may 2019

data source: bitinfo charts, coincola Research Institute

the test version of lightning network started on the bitcoin main network on March 15, 2018. The number of lightning network nodes was only 64 at the beginning of 2018 and increased to 2329 at the end of 2018. Since 2019, the number of lightning network nodes has increased rapidly, and now it has reached 4289. In less than half a year, the number of nodes has doubled. The continuous expansion of nodes indicates the continuous upgrading and development of bitcoin lightning network technology, which is an important indicator of bitcoin price

2. Lightning network capacity: speed up

remarks: bitcoin lightning network capacity from January 2018 to may 2019

data source: bitcoin visual, coincola Research Institute

the data above shows that as of May 15, 2019, bitcoin lightning network capacity has increased to 1039 BTC, equivalent to 833usd, while at the beginning of 2019, it is only 504btc, Lightning network capacity doubled, and the growth rate accelerated. This means that the expansion of bitcoin has been well solved in lightning network technology, which will help keep the payment channel active and effectively support the functional application of bitcoin

the performance of mining, chain trading and lightning network is closely related to the price of bitcoin. On the one hand, the rise of bitcoin price acts as a catalyst to stimulate its performance in mining, chain and lightning network; On the other hand, mining, chain trading and lightning network are the important cornerstone of bitcoin price trend and the important basis of bitcoin price expectation<

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2.

BTC (business to customer)

also known as B2C, e-commerce according to a classification of trading partners, that is, commercial institutions to consumers of e-commerce. This form of e-commerce is generally based on the network retail instry, mainly with the help of the Internet to carry out online sales activities

B2C mode is the earliest e-commerce mode in China, marked by the formal operation of 8848 online mall. B2C means that enterprises provide consumers with a new shopping environment through the Internet - online store, where consumers shop online and pay online

because this mode saves the time and space of customers and enterprises, and greatly improves the transaction efficiency, especially for busy office workers, this mode can save valuable time

two BTB (business to business)

also known as B2B, refers to a kind of Internet market, which is the marketing relationship between enterprises. It combines the intranet with customers through B2B website, and provides better service for customers through the rapid response of the network, so as to promote the business development of enterprises. In recent years, B2B develops rapidly and tends to be mature

three otos (online to offline)

also known as o2o, namely "online to offline". The core of the business model of oto is very simple, which is to bring online consumers to real stores, pay online to buy offline goods and services, and then enjoy offline services

extended materials:

e-commerce is a business activity with information network technology as the means and commodity exchange as the center; It can also be understood as the activities of trading activities and related services in the form of electronic transactions on the Internet, intranet and value-added network. It is the electronization, networking and informatization of all aspects of traditional business activities

e-commerce usually refers to a wide range of business and trade activities all over the world, in the Internet open network environment, based on Browser / server application mode,

buyers and sellers do not meet each other to carry out a variety of business activities, to achieve consumer online shopping, online transactions and online electronic payment between merchants, as well as a variety of business activities, trading activities Financial activities and related integrated service activities are a new business operation mode

governments, scholars and business people in various countries have given many different definitions according to their own status and different angles and degrees of participation in e-commerce. E-commerce is divided into ABC, B2B, B2C, C2C, B2M, M2C, B2A (B2G), C2A (C2G), o2o, etc

At the same time, network marketing is also a proct of e-commerce, and for network marketing, it is necessary to make a good network marketing plan before doing it, so as to facilitate the implementation of the plan

since October 1, 2018, the Ministry of finance, the State Administration of Taxation, the Ministry of Commerce and the General Administration of customs have jointly issued the new regulations on tax exemption for e-commerce export enterprises in the comprehensive pilot zone of cross border e-commerce

3. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above explanations are for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious
response time: February 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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4.

Bitcoin market can be seen on many platforms, but the premise of these is that you can see it and find a reliable proct platform

here is an example, such as coinplus exchange

1. First, go to the official website of the Canadian dollar station, and then look at the home page

the key point is that the platform is very intimate, and even the download steps have direct guidance

the above are just personal opinions, which can be referred to and guided

5. Ma means the average, Ma5 is the average of 5 days, or the weighted average price of all transactions within 5 days, ma10 is the average of 10 days

6. Generally speaking, the default average price line in the stock trading software includes 5-day average, 10 day average, 20 day average, 30 day average, 60 day average and so on. Investors can also customize the time cycle according to the actual situation. When the short and medium-term moving average of the stock price graally intertwined with each other, it means that the stock price is in a long-term horizontal shock, and the short and medium-term costs of the market begin to keep the same. In the stock market, all kinds of moving average of stock price are regular. Once the stock price has finished consolidation, the moving average system starts to diverge again, which means that the stock price has entered a state of large-scale callback, either rising or falling, and then begins to wash again. At this time, investors can consider buying or selling stop loss according to the trend

7. Fuck You All- <The Dome>
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8. It depends on your instry. However, many people have invested in blockchain since a few years ago, and now they may be relatively behind others. If it's a little bit of money, it's suggested that you can find out if there are any blockchains with background to see if there are any opportunities to join in
I have a brother who used to do meituan push, that is, he found a SMIC blockchain public service platform in Changsha to be a service provider. Now he is doing well and has entered the blockchain field.

9. This is the case now. It is impossible to get rich by digging a hole. The time has passed. There is too little money in the bank.